BITUS UK LIMITED

🌳Matureactive
02557017 · ltd · incorporated 1990-11-12
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
—
book net assets
Opportunity
77/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: SIC 46730
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 77/100 (strong), bankability 77/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).

🏦

Refinance opportunity

10 live charges · 7 lenders · oldest 35.3y

25/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 35.3 years old — likely at or near maturity.
  • · 7 lenders named — inter-creditor friction likely.
  • · Legal-friction score 53/100 (high).

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
10 charges (10/10 with lender, 10/10 with type)
90
Directors & officers
19 officers (3 active, 19 linked, 17 with DOB)
88
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
164 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Loss-making
Loss before tax £878,942

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Profit before tax£-878.9k£-878.9k
Average employees6001000

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • • 1 officers
Counts from Companies House filing history.
Corporate timeline (74 events)Click to expand
  1. 2026-02-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  2. 2026-01-27
    ➕
    PANNELL, Naomi Ann appointed
    director
  3. 2025-12-30
    📄
    replacement-filing-of-director-appointment-with-name
    officers · RP01AP01
  4. 2025-10-22
    📄
    change-to-a-person-with-significant-control-without-name-date
    persons-with-significant-control · PSC05
  5. 2025-10-22
    📄
    change-to-a-person-with-significant-control-without-name-date
    persons-with-significant-control · PSC05
  6. 2025-05-23
    📄
    accounts-with-accounts-type-small
    accounts · AA
  7. 2025-01-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  8. 2024-11-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2024-11-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2024-11-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2024-10-31
    ➖
    MCKILLOP, Nigel John resigned
    director
  12. 2024-10-31
    ➖
    PLOMER, Francis Neville resigned
    director
  13. 2024-08-22
    📄
    accounts-with-accounts-type-full
    accounts · AA
  14. 2024-08-05
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  15. 2024-07-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2024-04-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2024-02-01
    ➖
    MCINTYRE, Stuart Walker resigned
    director
  18. 2023-10-09
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  19. 2023-10-09
    ✏️
    change-of-name-notice
    change-of-name · CONNOT
  20. 2023-07-27
    📄
    accounts-with-accounts-type-full
    accounts · AA
  21. 2022-11-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  22. 2022-11-01
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  23. 2022-11-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  24. 2022-05-05
    📄
    accounts-with-accounts-type-full
    accounts · AA
  25. 2022-02-24
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  26. 2022-02-24
    🔓
    Charge satisfied #10
  27. 2021-11-08
    ➖
    ANDERSSON, Jonny resigned
    director
  28. 2020-02-27
    🔓
    Charge satisfied #7
  29. 2019-08-01
    ➕
    MCKILLOP, Nigel John appointed
    director
  30. 2019-07-15
    🔓
    Charge satisfied #5
  31. 2019-07-01
    🔓
    Charge satisfied #9
  32. 2019-07-01
    🔓
    Charge satisfied #8
  33. 2019-07-01
    🔓
    Charge satisfied #4
  34. 2019-07-01
    🔓
    Charge satisfied #3
  35. 2019-06-18
    🔒
    Charge registered #10
    Lender: Danske Bank a/S, 75 King William St, London EC4N 7DT, as Security Trustee for Each of the Secured Parties
  36. 2019-03-26
    ➕
    ANDERSSON, Jonny appointed
    director
  37. 2019-03-20
    ➖
    GAMBROUDES, Alexander Mawson resigned
    director
  38. 2019-03-20
    ➕
    MCINTYRE, Stuart Walker appointed
    director
  39. 2018-09-13
    ➕
    MARKLUND, Per Anders appointed
    director
  40. 2018-09-13
    ➕
    NILSSON, Peter Olof appointed
    director
  41. 2018-09-13
    ➖
    AUVINEN, Sampsa Juhana resigned
    director
  42. 2018-06-19
    ➖
    GUDMUNDSSON, Jon Helgi resigned
    director
  43. 2018-06-19
    ➖
    HALLDORSDOTTIR, Brynja resigned
    director
  44. 2016-10-14
    🔒
    Charge registered #9
    Lender: Hsbc Bank PLC
  45. 2016-04-21
    ➕
    GAMBROUDES, Alexander Mawson appointed
    director
  46. 2016-04-21
    ➕
    GUDMUNDSSON, Jon Helgi appointed
    director
  47. 2016-04-21
    ➕
    HALLDORSDOTTIR, Brynja appointed
    director
  48. 2016-04-21
    ➖
    PHILLIPS, Jonathan Lewis resigned
    director
  49. 2015-07-20
    🔒
    Charge registered #8
    Lender: Hsbc Bank PLC
  50. 2013-02-14
    ➖
    HUTCHINGS, Sheila resigned
    director
Showing most recent 50 of 74 events

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

50/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.

Red flags

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Bergs Uk Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Bergs Uk Holdings Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
BITUS UK LIMITED
This company · 02557017

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Bergs Uk Holdings Limited
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

Similar companies

Active · Wholesale & distribution · SS postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
ATI ATLAS LTD.→
00463893 · est 1949 · no financials extracted
————77y——
AZ WHOLESALE LTD→
11121646 · est 2017 · no financials extracted
————8y——
BE LIMITLESS YEARS LTD→
17043751 · est 2026 · no financials extracted
———————
BESTLINE WHOLESALE LTD→
15988214 · est 2024 · no financials extracted
————1y——
BETA UFH LTD→
13606154 · est 2021 · no financials extracted
————4y——
BLOOMS OF THORPE BAY LTD→
15306617 · est 2023 · no financials extracted
————2y——
BLUE GLOBAL LIMITED→
11887889 · est 2019 · no financials extracted
————7y——
BOBABBEY LIMITED→
01062225 · est 1972 · no financials extracted
————53y——
BODATOJITA LTD→
12233123 · est 2019 · no financials extracted
————6y——
BOISSON CONSULTANTS LIMITED→
04144373 · est 2001 · no financials extracted
————25y——
BOND RETAIL MARKETING LIMITED→
02806307 · est 1993 · no financials extracted
————33y——
BONNETTS GARDEN VILLAGE (BRENTWOOD) LIMITED→
09555411 · est 2015 · no financials extracted
————10y——
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive
Typeltd
Incorporated1990-11-12
Jurisdictionengland-wales
Primary SIC46730 — SIC 46730

Registered office

Baltic Wharf
Wallasea Island
Rochford
Essex
SS4 2HA
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-11-25
Last: 2025-11-11

Officers (3 active · 16 resigned)

MARKLUND, Per Anders→
director · ~61y · appointed 2018-09-13
View their other companies + combined net worth →
Active
NILSSON, Peter Olof→
director · ~63y · appointed 2018-09-13
View their other companies + combined net worth →
Active
PANNELL, Naomi Ann→
director · ~53y · appointed 2026-01-27
View their other companies + combined net worth →
Active
DOUGLAS, Linda Jane→
secretary · appointed 2001-04-30 · resigned 2011-06-17
Resigned
PHILLIPS, Heidi Ilona→
secretary · resigned 2001-04-30
Resigned
ANDERSSON, Jonny→
director · ~53y · appointed 2019-03-26 · resigned 2021-11-08
Resigned
AUVINEN, Sampsa Juhana→
director · ~57y · appointed 2009-10-19 · resigned 2018-09-13
Resigned
BUTLER, Simon→
director · ~63y · resigned 2005-08-26
Resigned
GAMBROUDES, Alexander Mawson→
director · ~53y · appointed 2016-04-21 · resigned 2019-03-20
Resigned
GUDMUNDSSON, Jon Helgi→
director · ~79y · appointed 2016-04-21 · resigned 2018-06-19
Resigned
HALLDORSDOTTIR, Brynja→
director · ~69y · appointed 2016-04-21 · resigned 2018-06-19
Resigned
HUTCHINGS, Sheila→
director · ~70y · appointed 2011-05-17 · resigned 2013-02-14
Resigned
MARTIN, Brian→
director · ~84y · appointed 1993-10-29 · resigned 2005-08-26
Resigned
MCINTYRE, Stuart Walker→
director · ~65y · appointed 2019-03-20 · resigned 2024-02-01
Resigned
MCKILLOP, Nigel John→
director · ~59y · appointed 2019-08-01 · resigned 2024-10-31
Resigned
PAINES, Nigel William→
director · ~68y · appointed 2001-01-29 · resigned 2010-01-25
Resigned
PENFOLD, Alan→
director · ~70y · appointed 2010-05-01 · resigned 2010-10-26
Resigned
PHILLIPS, Jonathan Lewis→
director · ~70y · resigned 2016-04-21
Resigned
PLOMER, Francis Neville→
director · ~62y · appointed 2011-05-17 · resigned 2024-10-31
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

10
Total charges
0
Outstanding
0
Active lenders
Status:Lender:10 of 10 shown
TypeProperties
satisfied
Danske Bank a/S, 75 King William St, London EC4N 7DT, as Security Trustee for Each of the Secured Parties
A registered charge—18/06/201924/02/2022
satisfied
HSBC
Hsbc Bank PLC
A registered charge1 property14/10/201601/07/2019
satisfied
HSBC
Hsbc Bank PLC
A registered charge1 property20/07/201501/07/2019
satisfied
HSBC
Hsbc Invoice Finance (UK) Limited (the Security Trustee)
Composite guarantee & debenture1 property07/08/200927/02/2020
satisfied
Griffin Factors
Griffin Factors Limited
Fixed equitable charge1 property07/10/199415/07/2019
satisfied
Midland Bank
Midland Bank PLC
Legal charge1 property17/06/199401/07/2019
satisfied
Midland Bank
Midland Bank PLC
Fixed and floating charge1 property17/03/199401/07/2019
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property05/03/199211/01/1995
satisfied
John St Andrew Warde
Rent deposit deed1 property18/06/199112/07/1995
satisfied
National Westminster Bank
National Westminster Bank PLC
Mortgage debenture1 property21/03/199124/01/1995

Recent filings (164 total)

appoint-person-director-company-with-name-date
officers · AP01
2026-02-23
replacement-filing-of-director-appointment-with-name
officers · RP01AP01
2025-12-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-11
change-to-a-person-with-significant-control-without-name-date
persons-with-significant-control · PSC05
2025-10-22
change-to-a-person-with-significant-control-without-name-date
persons-with-significant-control · PSC05
2025-10-22
accounts-with-accounts-type-small
accounts · AA
2025-05-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-01-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-22
termination-director-company-with-name-termination-date
officers · TM01
2024-11-20
termination-director-company-with-name-termination-date
officers · TM01
2024-11-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-11-20
accounts-with-accounts-type-full
accounts · AA
2024-08-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-08-05
change-person-director-company-with-change-date
officers · CH01
2024-07-23
termination-director-company-with-name-termination-date
officers · TM01
2024-04-09